NOT LISTED FOR SALE

11550 Point Dr Merritt Island, FL 32952

Estimated Value: $1,392,086 - $1,659,000

3 Beds
3 Baths
1,690 Sq Ft
$899/Sq Ft Est. Value

Last Sold March 20, 2012

Last sale price $539,000 $319 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $9,122/month

67 Days on Market

Highlights

  • Boathouse
  • Boat Ramp
  • River View
  • Ocean Breeze Elementary School Rated A-
  • Boat Lift
  • Open Floorplan

About This Home

As of March 2012

PLS SHOW FOR BACKUP!Deep Water dockage both Banana & Indian Rivers of this Key West style charmer.Nothing compares to this tropical river wonderland with awesome views from 5 tiered decks set among curved shady tree trunks.Located in island-like setting,south of Mather''s Bridge(Dragon Point)on unique & private community of only 17 homesites.Deeded w/state for big boat mooring also included. Metal roof,separate guest suite,custom country style kitchen,s.s appliances,tile floors,French doors,crown '||chr(10)||'Addendum - molding,gorgeous baths & so much more. Dont let sq.footage fool you as this is high quality with a great open living layout. One of a kind property that will take your breath away & tempt you to never leave.** ALL OFFERS MUST BE APPROVED BY SELLERS ATTY.***

Last Agent to Sell the Property

Patricia Bouchard

Coldwell Banker Residential R.E. LLC Listed on: 12/14/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,265

Year Built

  • Built in 2011

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 103 x 100
  • River Front
  • West Facing Home
  • Wooded Lot

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Screened Porch
  • Tile Flooring
  • River Views
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Boathouse
  • Deck

Schools

  • Ocean Breeze Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Tropic Point Waterfront Estates Replat Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273711EK000000000500

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,265

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2011
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • Reso View: River, Water
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Tropic Point Waterfront Estates Replat of
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Boat House
  • Location Tax and Legal Parcel Number2: 273711EK000000000500
  • Location Tax and Legal Elementary School: Ocean Breeze
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 8265.02
  • Location Tax and Legal Tax Year2: 2011
  • General Property Information Living Area2: 1690.0
  • General Property Information Building Area Total3: 1690.0
  • General Property Information Lot Size Acres: 0.24
  • General Property Information Lot Size Square Feet2: 10454.4
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Utilities Electricity Connected: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • General Property Information Lot Size Dimensions: 103 x 100
  • Exterior Features Boat Lift: Yes
  • Other Structures Boat House: Yes
  • Exterior Features Boat Ramp - Private: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Downstairs, Vaulted Ceiling(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Exterior Features: Boat Lift, Boat Ramp - Private
  • Pool Features: None
  • Roof: Metal
  • Acres: 0.24
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Vinyl Siding, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Deck, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Vinyl Siding: Yes
  • ConstructionSiding:Roof Metal: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Dimensions: 103 x 100
  • Lot Size Sq Ft: 10454.4
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2712561
  • Parcel #: 273711EK000000000500
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 8265.02

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2016
Sold by
Mckay David Lowell and Mckay Sherill E
Bought by
Mckay David Lowell and David Lowell Mckay Trust
Current Estimated Value
$1,516,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,800
Outstanding Balance
$181,264
Interest Rate
3.64%
Estimated Equity
$1,350,554

Purchase Details

Closed on
Apr 1, 2016
Bought by
David Lowell Mckay Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,800
Outstanding Balance
$181,264
Interest Rate
3.64%
Estimated Equity
$1,350,554

Purchase Details

Closed on
Jan 9, 2013
Sold by
Mckay David
Bought by
Mckay David Lowell and David Lowell Mckay Trust

Purchase Details

Listed on
Dec 14, 2011
Closed on
Mar 20, 2012
Sold by
Gwinn Derek H
Bought by
Mckay David
Seller's Agent
Patricia Bouchard
Coldwell Banker Residential R.E. LLC
List Price
$945,000
Sold Price
$539,000
Premium/Discount to List
-$406,000
-42.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$417,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 1997
Sold by
1St Union Natl Bk Fl
Bought by
Gwinn Derek H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.7%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mckay David Lowell -- State Title
Mckay David Lowell -- State Title
David Lowell Mckay Trust $100 --
Mckay David Lowell -- Attorney
Mckay David $539,000 Attorney
Gwinn Derek H $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckay David Lowell $388,800
Previous Owner Mckay David $417,000
Previous Owner Gwinn Derek H $500,000
Previous Owner Gwinn Derek H $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2012 03/20/12 Sold $539,000 -43.0% $319 / Sq Ft
02/19/2012 02/19/12 Pending -- -- --
12/14/2011 12/14/11 For Sale $945,000 -- $559 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $9,857 $790,830 $0 $0
2022 $7,405 $624,150 $0 $0
2021 $7,794 $605,980 $0 $0
2020 $7,811 $597,620 $392,350 $205,270
2019 $7,963 $595,400 $0 $0
2018 $8,022 $584,300 $0 $0
2017 $8,343 $544,940 $356,680 $188,260
2016 $7,929 $531,370 $356,680 $174,690
2015 $8,211 $527,680 $356,680 $171,000
2014 $8,713 $510,880 $351,860 $159,020
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2012

    Patricia Bouchard

    Coldwell Banker Residential R.E. LLC

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 630128

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-11-EK-00000.0-0005.00

Florida Brevard County Merritt Island 32952

11550 Point Dr, Merritt Island, FL

This home is located at 11550 Point Dr, Merritt Island, FL 32952 since 14 December 2011 and is currently estimated at $1,518,695, approximately $898 per square foot. This property was built in 2011. 11550 Point Dr is a home located in Brevard County with nearby schools including Ocean Breeze Elementary School, Satellite Senior High School, and Delaura Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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